April 19, 2024
Image default
Business Worldwide

Honda suspends exports to Russia, more Japanese automakers could follow

Published by
Reuters UK

By Satoshi Sugiyama TOKYO (Reuters) – Honda Motor said on Wednesday it has suspended exports of cars and motorcycles to Russia, signalling the likelihood more Japanese automakers would join the global swell of companies halting business with Russia after the invasion of Ukraine. Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there. Ford Motor and other global automakers have already said they would suspend operations. But the response of many Japanese firms has been more muted so far. Honda had suspended export…

Read More

Related posts

Russian forces advance in factory city, U.S. to send precision rockets to Ukraine

The_Proponent

Ethiopian authorities calls on Addis residents to take up arms

The_Proponent

Dollar slips while Aussie and Norwegian crown outperform

The_Proponent

Angry UK lawmakers trigger confidence vote in Boris Johnson

The_Proponent

U.S. discussing joint reserves release with China, others in aim at OPEC

The_Proponent

Job Switchers Are Saying ‘Show Us the Money.’ They’re Getting It.

The_Proponent

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.